Solve the problem.A holder of a $3,000, 10%, 120-day note dated June 2 decides to sell the note at a discount. The note is sold on July 23 at a discount of 12%. Find the proceeds.

A. $3,028.70
B. $2,987.18
C. $3,040.58
D. $3,027.67


Answer: A

Mathematics

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